Cost of Living in Frankenmuth, MI

Population 5,108 · Michigan · Data vintage 2023

79
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Frankenmuth a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $278,000.

Geographically, Frankenmuth is about 60 miles northeast of Lansing, the nearest large metro. Median home values run roughly 132% higher than Lansing's $119,000.

Cost Overview

Housing 91
Rent 62

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Frankenmuth

The median home value in Frankenmuth is $277,600 — 9% below the national median of $305,000. Median rent runs $814/month, 38% lower than the national median of $1,314/month. The median household income of $84,583/year is 13% higher than the US median of $74,580. The local unemployment rate is 5.6%, above the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. The climate averages highs of 56.9°F and lows of 39.1°F, with about 49" of annual snowfall. Overall, Frankenmuth has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.

🏠 Housing

Median Home Value
$277,600
9% below avg
Zillow Home Value
$159,517
Zillow ZHVI
Median Rent
$814/mo
38% below avg
Price-to-Rent Ratio
28.4x
Favors renting
Property Tax Rate
1.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$707
1 BR
$780
2 BR
$962
3 BR
$1,290
4 BR
$1,444
Owner-occupied 69.1%
Renter-occupied 30.9%

💰 Estimated Monthly Budget

Rent median rent
$814
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,428/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
20.0 min
26% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.2%

Commute Mode

Drove alone
76.5%
Carpooled
7.7%
Walked
1.6%
Bicycle
0.6%
Work from home
12.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.3%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.5%

💼 Income & Employment

Median Household Income
$84,583
13% above avg
Per Capita Income
$52,627
Unemployment Rate
5.6%
16% above avg
Poverty Rate
3.6%
Labor Force Participation
60.9%

🎓 Education

Bachelor's degree+ 32.1%
Graduate degree 16.7%

👥 Demographics

Median Age 51.8
Male median age 48.2
Female median age 53.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.9°F
Avg Low
39.1°F
Annual Precip
32.1"
Annual Snowfall
49"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303242566979828073604635
Low °F 161726364858615952413223
Precip" 1.921.772.023.193.413.282.833.852.812.912.281.85
Snow" 13.911.46.02.40.00.00.00.00.00.23.311.8

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
22.4:1
Student-teacher ratio
3
Public schools
1,364
Total enrollment

Frequently Asked Questions

What is the cost of living in Frankenmuth, MI?

Frankenmuth has a cost index of 79 (100 = national average). It is 21% below the national average.

What is average rent in Frankenmuth, MI?

The median gross rent in Frankenmuth is $814 per month based on 2023 Census data.

What is the average home price in Frankenmuth?

The median home value in Frankenmuth is $277,600 according to Zillow and Census data.

What is the median income in Frankenmuth?

The median household income in Frankenmuth is $84,583 per year (2023 ACS 5-year estimates).

What is the sales tax in Frankenmuth, MI?

The combined state and local sales tax rate in Frankenmuth is 6.0%. The Michigan state income tax top rate is 4.3%.

Is Frankenmuth, MI affordable?

Yes, Frankenmuth is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.

What is the weather like in Frankenmuth?

Frankenmuth has average high temperatures of 56.9°F and average lows of 39.1°F. Annual precipitation is 32.1". Average annual snowfall is 49". Data from NOAA 1991–2020 Climate Normals.

Frankenmuth at a Glance

Population
5,108
Median Income
$84,583
Home Value
$277,600
Median Rent
$814/mo
Unemployment
5.6%
Avg High Temp
56.9°F
Sales Tax
6.0%
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